Hologic (HOLX) Tops Q3 EPS by 4c

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Canaccord Genuity Raises Price Target on Hologic (HOLX) Following 3Q Beat and FY15 Guidance Raise

July 30, 2015 10:49 AM EDT

Canaccord Genuity reiterated a Buy rating on Hologic (NASDAQ: HOLX), and raised the price target to $45.00 (from $40.00), following FQ3 results. Adjusted EPS of $0.43 beat the Street's $0.39 estimate. Revenues of $693.9M beat consensus estimates of $654M. HOLX raised FY'15 rev guidance by $82M at the midpoint to $2,687-2,697M, from $2,600-2,620M, and... More